The date is fast approaching. This is the deadline for submitting your 2021 Income Tax Return. Not only do you want to avoid submitting it late and suffering penalties, but by submitting sooner, any tax repayments due to loss relief claims etc will be paid out sooner. So, in your bank account rather than HMRC. […]
27 September 2021
Every week we take a look at what is trending in the accountancy and tax press and share items that we think will interest you. However, these are only outlines and where they relate to tax planning should not be acted upon without looking into them more completely as everyone’s circumstances are particular to them.
As I was leaving our office in Inverness one evening last week, I found something on the stairs that set me thinking. Many years ago, a client came to see me in our Kirkwall office. Now, he had a very small business. He repaired cars and occasionally sold one or two, but all from his